Grigoris Stergioulis / Greece imports 80% of cereals from Ukraine – The problem with flour is as serious as energy
Energy products are not included in Russia’s exclusion from SWIFT.
Grigoris Stergioulis spoke to Kokkino about the catalytic consequences in our country, after the introduction of Russia in Ukraine, in sectors such as energy, tourism and the export of agricultural products. CEO of ELPE, pr. CEO of Enterprise Greece and member of the Audit Board of the Bank of Greece.
Mr. Stergioulis explained to Stathis Schinas that so far the measures against Russia do not include payments through SWIFT for hydrocarbons, ie gas and oil supplied in large quantities from Russia and Greece.
In fact, he estimated that more than two billion euros will be the cost of direct to the Greek economy due to the maternal arrival of about 500,000 Russian tourists, who were expected in Greece this year based on bookings, but also on the other hand due to the freezing of Greek agricultural exports. products in Russia and Ukraine.
He also stressed the huge negative consequences that will have both for the flour industry and for the final interruption of imports from Russia and Ukraine. He explained that Greece imports 80% of cereals from Ukraine and that the problem with flour is as serious as energy. As he said, there will be significant damages from the interruption of Greek industrial products such as aluminum.